Bioalpha soft-launches e-Constant

Bioalpha Holdings Bhd (April 5, 25.5 sen) Maintain add call with a target price  of 37 sen: Last week, Bioalpha Holdings Bhd had a soft launch of its new franchise business e-Constant (eC) which allows customers to buy pharmacy healthcare products online and register as referral agents. The said agent will own an eC virtual shop…

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How BreadTalk’s share price can only get hotter

SINGAPORE (April 4): DBS Vickers Securities is reinstating coverage on BreadTalk Group with a “buy” recommendation and a target price of $1.69 following the counter’s turnaround in 2H16 earnings, on the notion that its earnings recovery momentum will spill over to FY17F to lift margins and improve earnings quality. In a report on Tuesday, analysts…

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Franchising: A risk worth taking?

So you’re thinking of being a business owner are you? Well, get ready to join the rapidly-growing club of small-medium enterprises (SMEs) in Malaysia. With latest government figures estimating total SME numbers to be 645,136 in 2015, there is little doubt this figure is set to rise as the country continues to strive towards an…

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7-Eleven collapse sends warning to investors

JAKARTA: Indonesia’s large consumer market may be a jewel in the eyes of foreign businesses, but in the retail sector, that jewel can quickly become kryptonite for companies. There will be no more 7-Elevens for Indonesians starting this Friday. Business had become too difficult for the US convenience store chain, which opened its first outlet…

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7-Eleven Indonesia tutup

JAKARTA 30 Jun – Indonesia kini tidak lagi mempunyai kedai runcit franchais 24 jam 7-Eleven apabila kesemua kedai serbaneka itu ditutup mulai hari ini. Penutupan kesemua 141 buah kedai itu diumumkan oleh syarikat pemilik rangkaian 7-Eleven Indonesia, PT Modern International dalam kenyataannya kepada Bursa Efek Indonesia baru-baru ini. Media-media tempatan memetik Direktur PT Mo­dern Internasional,…

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McDonald’s Malaysia to spend RM1.4b on expansion

PETALING JAYA: McDonald’s Malaysia is investing RM1.4 billion to increase the number of its outlets to 450 nationwide by 2025. Managing director/operating partner, Azmir Jaafar, said McDonald’s Malaysia achieved year-on-year revenue growth of 16% last year and was confident of continuing the trend this year. He said McDonald’s Malaysia now has a network of 262…

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Smart Reader wins two new awards from WorldCob

KUCHING: Smart Reader Worldwide received awards from the World Confederation of Businesses (WorldCob) and the Malaysia Canada Business Council (MCBC) recently. Smart Reader received the ‘Inspirational Company’ award during the BIZZ 2017 organised by WorldCob in Bucharest, Romania and ‘The Outstanding Leader in Early Childhood Education’ during the Business Excellence Awards (BEA)2017 by MCBC in…

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